LG Chem has become the second largest EV battery manufacturer in China thanks to the Tesla Model 3

11 June 2020, 15:47:02

LG Chem has become the second largest EV battery manufacturer in China thanks to the Tesla Model 3Korean news outlet The Elec cites Battery China according to which, LG Chem has become the second largest EV battery manufacturer in China surpassing BYD. LG has deployed 2087 MWh of EV batteries from January to May this year. BYD has deployed 1943 MWh and has moved to the third place. This is due mainly to the supply of batteries for the Tesla Model 3 produced in China. LG Chem's Nanjing plant makes 21700 cylindrical batteries for the Shanghai Gigafactory. Model 3 sold more than 10,000 units in March for the first time in China. The sales volume in April shrank to 3,635 units due to the Covid-19 crisis, but in May, 10,951 units were sold. The Nanjing plant plans to make 32 GWh EV batteries by 2023. At the same time, from January to May, the size of the electric vehicle battery market in China decreased by 45.34% compared to the same period last year (23.40 GWh) to 12.79 GWh. CATL, which was ranked first for many years, also recorded 6178 MWh this year, far less than 10,092 MWh last year.Source

Related news

News related to LG Chem, CATL, BYD, Tesla or Model 3

BMW has reached contractual agreement with its cell manufacturers for its 5th Gen battery cells

In a recent interview, Oliver Zipse, CEO of BMW, said that the company already has "a contractual agreement with its cell manufacturers that they will use only green power to produce BMW's fifth-generation battery cells." These cells will be introduced later this year with the BMW iX3 and will power next year's BMW i4 and BMW iNEXT. Even though Mr Zipse did not mention the battery cell manufacturers, it is largely...

5 July 2020

GM will introduce more EVs in South Korea, continues close partnership with LG Chem

GM plans on introducing more electric vehicles in South Korea, reports Yonhap. Jesse Ortega, chief engineer at GM's Autonomous and Electric Vehicle Programs held an online briefing with Korean media dedicated to the topic. Earlier this month, GM launched in South Korea the 2020 Chevy Bolt EV. General Motors will present two new EV models this year - the Cadillac Lyriq SUV and the Hummer EV. The company said it will...

24 June 2020

Hyundai Motor and LG Chem chiefs meet to discuss EV batteries

Various South Korean news outlets announced today that the Executive Vice Chairman of Hyundai Motor Group, Chung Euisun, and the LG Group Chairman, Koo Kwang-mo, will meet next week to discuss electric vehicle battery business. According to industry sources, Chung will visit LG Chem's EV battery production site located in Cheongju, North Chungcheong Province, on Monday. LG Chem is already chosen to supply batteries...

19 June 2020

Tesla and Panasonic extend their battery production agreement with three years

The General Terms and Conditions between Tesla and Panasonic dating back to October 1, 2014, have been restated and amended. The 2020 GTC, among other things, modifies the term to expire 10 years after Panasonic achieves certain manufacturing milestones. On June 10, 2020, Tesla and Panasonic also entered into the 2020 Pricing Agreement effective as of April 1, 2020 until March 31, 2023, relating to the manufacture...

18 June 2020

SK Innovation became the fifth largest EV battery supplier in April

In April 2020, SK Innovation entered the global Top 5 in the EV battery market for the first time. SK Innovation said that according to SNE Research, the company had a 3.5% market share by supplying 189.1 MWh of batteries. Samsung SDI was sixth with 3.4% market share by deploying 187.2 MWh in April. LG Chem was second with 18.2% market share and 988.1 MWh deployed. In the January-April period, LG Chem, Samsung SDI...

18 June 2020

2020 Tesla Model S Long Range Plus gets an increase in range to 402 miles (EPA)

As of June 15, all North American 2020 Tesla Model S Long Range Plus vehicles have an official EPA range of 402 miles, which is almost a 20% increase in range when compared to a 2019 Model S Long Range with the same battery pack design. Tesla has managed to achieve this increase in several ways: by significantly reducing the mass of the vehicle by using new Tempest 8.5 inch-wide aero wheels and tires by increasing...

16 June 2020

BYD's Blade Battery Factory in Chongqing

BYD offered a glimpse of its FinDreams Battery Factory in Chongqing that produces the BYD Blade Battery. The Blade Battery was announced in the of March and this is the first tour of the facility where it will be produced. BYD's investmetn in the plant measures 10 billion yuan and the annual production capacity of the site is expected to be 20 GWh. The factory covers all necessary requirements to provide world-class...

9 June 2020

Volkswagen has initialized its TR5 project for EV battery supplies

The Elec reports confirmed information that Volkswagen has sent letters of intent (LOI) to battery makers to buy batteries for its MEB platform. LG Chem, Samsung SDI, SK Innovation, and CATL have expressed their intention to participate in this project, which was named TR5. The industry estimates that the total costs will be around EUR 14.6 billion, which is in line with the European volume of the TR2 project. Up to...

29 May 2020

LG Chem expands its EV batteries reach, adds Hyundai and Kia to Ford

Reuters cited a Hyundai and Kia spokesperson who said that LG Chem was chosen by the group as one of its battery suppliers for its future EVs. Meanwhile, Korean media reported the LG Chem will supply batteries to Ford for the Mustang Mach-E. The cells for the Mustang will be produced at the LG Chem Wroclaw plant in Poland and Ford will do its own pack assembly. LG Chem is also cooperating with GM for its future...

29 May 2020

The Ford Mustang Mach-E will be powered by LG Chem battery cells

Korean media cite industry sources, according to which LG Chem will supply battery cells to Ford for the Mustang Mach-E. The cells will be produced at the LG Chem Wroclaw plant in Poland. Ford will do its own pack assembly. LG Chem has been supplying batteries to Ford since 2010. LG Chem's battery was installed in the Ford Focus pure electric version. In addition to Ford, LG Chem has General Motors (GM), Volkswagen...

27 May 2020

Tesla cuts the US prices of Model 3, Model S, and Model X

This morning Tesla has reduced the US prices of the Model 3, Model S, and Model X across all variants. Model 3 remains to be the cheapest Tesla car. All versions are discounted with $1,500-$2,000. The current prices as follows: Model 3 Standard Range Plus - $37,990 Model 3 Long Range - $46,990 Model 3 Performance - $54,990 The new Tesla Model S prices are decreased with $5,000 and are as follows: Model S Long Range...

27 May 2020

GM and LG Chem name their joint venture for EV batteries Ultium Cells

In December last year, GM and LG Chem confirmed that they will build an EV battery plant in Lordstown, Ohio. Today, GM announced that the joint venture created by the two companies for this project is named Ultium Cells LLC. Moreover, construction has started with group prep activities. Even in pandemic times, product development work on GM's future EV and AV portfolios continues to progress at a rapid pace. The...

20 May 2020

CATL publicly confirms it will supply Tesla in China with batteries from H2 of 2020

On May 13, during an annual investors conference, CATL announced that it will supply lithium iron phosphate (LFP) batteries to Tesla's Shanghai Gigafactory. This is the first tie CATL discloses in public any partnership with Tesla. CATL Chairman Cheung Yu-chin also said that cooperation with Tesla is not limited to its China operations. CATL uses the CTP technology which increases the battery cell to battery pack...

18 May 2020

BYD Han EV will be revealed in Europe

The BYD Han EV is a premium luxury saloon which is soon to be revealed in Europe. A high-performance silicon carbide motor-control propels the Han EV from zero to 100 km/h (62mph) in a breathtaking 3.9 seconds. At the heart of the Han EV's drive system is BYD's new, ultra-safe and space-saving Blade Battery, offering a remarkable single-charge range of 605 kilometres (376 miles) based on the NEDC test cycle and...

14 May 2020

EV Specifications

Complete specifications of EVs, grouped according to their brand and year

AudiBMWBytonChevrolete.GOFIATFordHondaHyundaiJaguarKIAMazdaMercedes-BenzMGMININIONissanOpelPeugeotPolestarPorscheRenaultRivianSEATŠKODAsmartTeslaVolkswagenVolvo

Featured

Specifications of some of the most interesting and anticipated EVs.

2020 KIA e-Niro

2020 KIA e-Niro 4

Doors: 5, Seats: 5
Length: 172.2 in / 4375 mm
Width: 71.1 in / 1805 mm
Height: 61.4 in / 1560 mm
Curb weight: 3994.78 lb / 1812 kg
Electric motor: 150 kW @ 3800 - 8000 rpm, 395 Nm, Location: Front
Battery: 64 kWh, Voltage: 356 V

2022 Tesla Cybertruck

2022 Tesla Cybertruck Tri Motor AWD

Doors: 4, Seats: 6
Length: 231.7 in / 5885 mm
Width: 79.8 in / 2027 mm
Height: 75.0 in / 1905 mm
Location: Rear
Location: Front

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E GT Performance Edition

Doors: 4, Seats: 5
Length: 186.0 in / 4724 mm
Width: 74.0 in / 1880 mm
Height: 63.0 in / 1600 mm
Location: Rear
Location: Front
Battery: 98.8 kWh

2021 Ford Mustang Mach-E

2021 Ford Mustang Mach-E First Edition

Doors: 4, Seats: 5
Length: 186.0 in / 4724 mm
Width: 74.0 in / 1880 mm
Height: 63.0 in / 1600 mm
Battery: 98.8 kWh

2020 Tesla Model X

2020 Tesla Model X Performance (SR)

Doors: 4, Seats: 5 / 6 / 7
Length: 198.3 in / 5037 mm
Width: 78.7 in / 1999 mm
Height: 66.0 in / 1676 mm
Curb weight: 5740.84 lb / 2604 kg
Electric motor #1: 375 kW @ 6150 rpm, 660 Nm, Location: Rear
Electric motor #2: 193 kW @ 6100 - 6800 rpm, 330 Nm, Location: Front
Battery: 100 kWh, Voltage: 350 V

2020 Tesla Model S

2020 Tesla Model S Performance (SR)

Doors: 4, Seats: 5
Length: 196.0 in / 4978 mm
Width: 77.3 in / 1963 mm
Height: 56.5 in / 1435 mm
Curb weight: 4940.56 lb / 2241 kg
Electric motor #1: 375 kW @ 5900 rpm, 650 Nm, Location: Rear
Electric motor #2: 193 kW @ 6100 rpm, 330 Nm, Location: Front
Battery: 100 kWh, Voltage: 400 V

2020 Tesla Model 3

2020 Tesla Model 3 Performance AWD

Doors: 4, Seats: 5
Length: 184.8 in / 4694 mm
Width: 72.8 in / 1849 mm
Height: 56.8 in / 1443 mm
Curb weight: 4100.6 lb / 1860 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front
Battery: 79.5 kWh, Voltage: 360 V

2020 MINI Cooper SE

2020 MINI Cooper SE Level III

Doors: 3, Seats: 4
Length: 151.4 in / 3845 mm
Width: 68.0 in / 1727 mm
Height: 56.4 in / 1432 mm
Curb weight: 3009.31 lb / 1365 kg
Electric motor: 135 kW, 270 Nm @ 100 - 1000 rpm, Location: Front
Battery: 32.6 kWh, Voltage: 350.4 V

2020 Polestar 2

2020 Polestar 2 Performance Package

Doors: 5, Seats: 5
Length: 181.4 in / 4607 mm
Height: 58.2 in / 1478 mm
Location: Rear
Location: Front
Battery: 78 kWh

2019 NIO ES6

2019 NIO ES6 Performance 84 kWh

Doors: 5, Seats: 5
Length: 190.9 in / 4850 mm
Width: 77.4 in / 1965 mm
Height: 68.1 in / 1731 mm
Electric motor #1: 240 kW, 420 Nm, Location: Rear
Electric motor #2: 160 kW, 305 Nm, Location: Front
Battery: 84 kWh

2020 Tesla Model Y

2020 Tesla Model Y Performance AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front

2020 Tesla Model Y

2020 Tesla Model Y Long Range AWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Curb weight: 4415.86 lb / 2003 kg
Electric motor #1: 211 kW, Location: Rear
Electric motor #2: 147 kW, Location: Front

2020 Tesla Model Y

2020 Tesla Model Y Long Range RWD

Doors: 4, Seats: 5 / 7
Length: 187.0 in / 4751 mm
Width: 75.6 in / 1921 mm
Height: 63.9 in / 1624 mm
Location: Rear

2020 Opel Corsa-e

2020 Opel Corsa-e First Edition

Doors: 5, Seats: 5
Length: 159.8 in / 4060 mm
Height: 56.5 in / 1435 mm
Curb weight: 3373.07 lb / 1530 kg
Electric motor: 100 kW, 260 Nm, Location: Front
Battery: 50 kWh

2020 Volkswagen ID.3

2020 Volkswagen ID.3 Pro S

Doors: 5, Seats: 4
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.1 in / 1552 mm
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 77 kWh, Voltage: 408 V

2020 Volkswagen ID.3 1st

2020 Volkswagen ID.3 1st Max

Doors: 5, Seats: 5
Length: 167.8 in / 4261 mm
Width: 71.2 in / 1809 mm
Height: 61.1 in / 1552 mm
Curb weight: 3637.63 lb / 1650 kg
Electric motor: 150 kW, 310 Nm, Location: Rear
Battery: 58 kWh

2020 Porsche Taycan

2020 Porsche Taycan Turbo S

Doors: 4, Seats: 4
Length: 195.4 in / 4963 mm
Height: 54.3 in / 1378 mm
Curb weight: 5059.61 lb / 2295 kg
Electric motor #1: 160 kW, 300 Nm, Location: Front
Electric motor #2: 300 kW, Location: Rear
Battery: 93.4 kWh, Voltage: 800 V

2020 Porsche Taycan

2020 Porsche Taycan Turbo

Doors: 4, Seats: 4
Length: 195.4 in / 4963 mm
Height: 54.4 in / 1381 mm
Curb weight: 5081.66 lb / 2305 kg
Electric motor #1: 160 kW, 300 Nm, Location: Front
Electric motor #2: 300 kW, Location: Rear
Battery: 93.4 kWh, Voltage: 800 V